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THIS IS IT! – Trump’s TRANSFORMATIVE Tax Plan

One of the key campaign issues for Donald Trump was his plans for tax reform in the US. Pundits on the Left felt sure that it would “only benefit his rich friends”, whilst Conservatives thought it would “be an even spread”.

At last we have a sneak preview of the tax plan that will be fully released later today. This could be the defining moment of the Trump presidency, or it could be his downfall.

The plan will also slash the corporate tax rate from 35 percent to 15 percent for both large and small companies, including those that pay through the personal income code.

Because the administration has repeatedly said that filing taxes has become too complicated and Treasury Secretary Steve Mnuchin has floated the idea of people filing their returns on a “large postcard,” the plan also reportedly calls for simplifying the tax filing process.